Gig economy workers, including drivers for popular ride-hailing services like Uber and Lyft, could find their employment status shift under a major new decision from the top court in California. The ruling will make it more difficult for companies to classify their drivers as independent contractors...
Running Out of Drivers: Uber and Lyft lyfthave a terrible retention rate, with68% of drivers quittingafter just 6 months. That means that millions of drivers have now churned through the platform and in a “good economy,” meaning Uber andLyft are having to pay driversmore in order to kee...
“If the court doesn’t reconsider, then in California, it’s hard to believe we’ll be able to switch our model to full-time employment quickly,” Uber CEO Dara Khosrowshahi said during an interview on MSNBC last week. Lyft CEO Logan Green echoed Khosrowshahi’s statements last week, ...
22 consumer advocacy group Consumer Choice Center called "serious repercussions" if AB 5 is forced onto Uber and Lyft. "Changing employment law to make certain business relationships illegal deprives millions of people of the opportunity of using these services, a...
Uber and Lyft drivers still face a long road ahead in their fight for employment status ByAndrew J. Hawkins,transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. ...
In California, liability in a Uber / Lyft accident is currently an issue of debate given the recent passage ofAB 5. Under AB 5, drivers are no longer considered independent contractors. Given their new employment classification,rideshare companies may now be open to a wave of personal injury ...
Uber Driver Employment Status and New Ballot Initiative 5 years ago The Uber/Lyft Ballot Initiative Guarantees only $5.64 an Hour Drivers and people thinking about giving rideshare driving a try might see the referenced article headline: “The Uber/Lyft Ballot Initiative Guarantees only $5.64 an Ho...
With the rise of the new sharing economy, many drivers are participating in ride sharing services with companies like Uber and Lyft. Here's a short video you can watch to make sure you're getting all of the tax benefits of being an Uber or Lyft driver.
The sudden change in demand is prompting creative thinking to get gig workers back to steady employment, or at the very least, paid. The Hustle daily business newsletterspoke with 58 full-time U.S. Uber drivers last week and found that average rides per day had dropped from 23 to six and...
Uber and Lyft drivers are independent contractors. They report their rideshare earnings as self-employment income. You might receive a 1099 form depending on how much you earn. 2. Driving with an LLC You have the possibility of creating a limited liability company and reporting your Uber or Lyf...